XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share
XAI Madison Equity Premium Income Fund (NYSE: MCN) declared a regular monthly distribution of $0.060 per common share, payable on December 1, 2025 to shareholders of record as of November 17, 2025. The distribution amount is unchanged from the prior month.
The Fund changed its distribution cadence from quarterly to monthly effective with the April 1, 2025 declaration. Distributions may consist of net investment income, capital gains and/or a return of capital; tax characteristics will be reported on Form 1099 after year-end 2025. The Fund noted excise tax rules and said future distributions depend on net investment income, performance and available cash.
XAI Madison Equity Premium Income Fund (NYSE: MCN) ha dichiarato una distribuzione mensile regolare di $0.060 per azione ordinaria, pagabile il 1 dicembre 2025 agli azionisti registrati al 17 novembre 2025. L'importo della distribuzione non cambia rispetto al mese precedente.
Il Fondo ha modificato la frequenza delle distribuzioni da trimestrale a mensile, effettiva a partire dalla dichiarazione del 1 aprile 2025. Le distribuzioni possono consistere in reddito netto da investimenti, plusvalenze e/o una restituzione di capitale; le caratteristiche fiscali saranno riportate sul modulo 1099 dopo il termine fiscale del 2025. Il Fondo ha richiamato le norme relative all'imposta sugli accise e ha detto che le future distribuzioni dipenderanno dal reddito netto da investimenti, dalla performance e dalla disponibilità di cassa.
XAI Madison Equity Premium Income Fund (NYSE: MCN) declaró una distribución mensual regular de $0.060 por acción común, pagadera el 1 de diciembre de 2025 a los accionistas registrados al 17 de noviembre de 2025. El monto de la distribución no cambia con respecto al mes anterior.
El Fondo cambió su cadencia de distribución de trimestral a mensual, efectiva con la declaración del 1 de abril de 2025. Las distribuciones pueden consistir en ingresos netos de inversión, ganancias de capital y/o una devolución de capital; las características fiscales se informarán en el Formulario 1099 después de finalizar el año 2025. El Fondo señaló las reglas de impuestos de consumo (excise tax) y dijo que las futuras distribuciones dependerán de los ingresos netos de inversión, el rendimiento y el efectivo disponible.
XAI Madison Equity Premium Income Fund (NYSE: MCN)는 일반 월간 분배금 주당 $0.060을 선언했으며, 2025년 12월 1일에 지급되고, 기준 주주 명부일은 2025년 11월 17일입니다. 이번 분배 금액은 전월과 동일합니다.
펀드는 2025년 4월 1일 공시부터 분배 주기를 분기에서 월간으로 변경했습니다. 분배금은 순투자소득, 자본이득 및/또는 자본의 반환으로 구성될 수 있으며, 세무 특성은 2025년 연말 이후 양식 1099에 보고됩니다. 펀드는 소비세 규칙(excise tax)을 언급했고, 향후 분배는 순투자소득, 성과 및 가용 현금에 따라 달라질 것이라고 말했습니다.
XAI Madison Equity Premium Income Fund (NYSE: MCN) a déclaré une distribution mensuelle régulière de $0.060 par action ordinaire, payable le 1er décembre 2025 aux actionnaires inscrits au 17 novembre 2025. Le montant de la distribution reste inchangé par rapport au mois précédent.
Le fonds a changé sa cadence de distribution de trimestrielle à mensuelle à compter de la déclaration du 1er avril 2025. Les distributions peuvent être constituées de revenus nets de placement, de gains en capital et/ou d'un retour de capital; les caractéristiques fiscales seront reportées sur le formulaire 1099 après la fin de l'année 2025. Le fonds a mentionné les règles relatives à la taxe d'accise et a déclaré que les distributions futures dépendront du revenu net de placement, de la performance et des liquidités disponibles.
XAI Madison Equity Premium Income Fund (NYSE: MCN) hat eine regelmäßige monatliche Ausschüttung von $0.060 pro Stammaktie angekündigt, zahlbar am 1. Dezember 2025 an Anteilseigner, die am 17. November 2025 registriert sind. Die Ausschüttung bleibt gegenüber dem Vormonat unverändert.
Der Fonds hat seine Ausschüttungsfrequenz von vierteljährlich auf monatlich mit der Erklärung vom 1. April 2025 umgestellt. Ausschüttungen können aus Nettoanlageerträgen, Kursgewinnen und/oder einer Kapitalrückführung bestehen; steuerliche Eigenschaften werden nach dem Jahresende 2025 im Formular 1099 gemeldet. Der Fonds wies auf die Regeln der Verbrauchssteuer (Excise Tax) hin und sagte, dass zukünftige Ausschüttungen von Nettoanlageerträgen, Performance und verfügbarem Cash abhängen.
صندوق XAI Madison Equity Premium Income Fund (NYSE: MCN) أعلن عن توزيعات شهرية منتظمة قدرها $0.060 للسهم العادي، تُدفع في 1 ديسمبر 2025 للمساهمين المسجلين حتى 17 نوفمبر 2025. لا يتغير مقدار التوزيع مقارنة بالشهر السابق.
لقد غيّر الصندوق وتيرته للتوزيعات من ربع سنوية إلى شهرية اعتباراً من إعلان 1 أبريل 2025. يمكن أن تتكون التوزيعات من صافي دخل الاستثمار، وأرباح رأس المال و/أو عودة رأسمال؛ وسيتم الإبلاغ عن الطبيعة الضريبية في النموذج 1099 بعد نهاية عام 2025. وذكر الصندوق قواعد ضريبة الاستهلاك وقال إن التوزيعات المستقبلية تعتمد على صافي دخل الاستثمار، الأداء وتوفر النقد.
- Monthly distribution of $0.060 per share
- Payable date set for December 1, 2025
- Distribution frequency changed to monthly (effective April 1, 2025)
- Distribution amount unchanged from previous month
- Distributions may include return of capital, affecting tax basis
CHICAGO, Nov. 03, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (the “Fund”) has declared its regular monthly distribution of
As mentioned in previous distribution declarations, the Fund has changed its distribution frequency from quarterly to monthly, which went into effect with the April 1, 2025 declaration. XA Investments believes this change enables investors to better manage their cash flow needs.
The following dates apply to the declaration:
| Ex-Dividend Date | November 17, 2025 | |
| Record Date | November 17, 2025 | |
| Payable Date | December 1, 2025 | |
| Amount | ||
| Change from Previous Month | No Change | |
Common share distributions may be paid from net investment income (regular interest and dividends), capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Fund’s common shareholders on Form 1099 after the end of the 2025 calendar year. Shareholders should not assume that the source of a distribution from the Fund is net income or profit. For further information regarding the Fund’s distributions, please visit www.xainvestments.com.
The Fund’s net investment income and capital gain can vary significantly over time; however, the Fund seeks to maintain more stable common share quarterly distributions over time. The Fund’s final taxable income for the current fiscal year will not be known until the Fund’s tax returns are filed.
As a registered investment company, the Fund is subject to a
The common share distributions paid by the Fund for any particular period may be more than the amount of net investment income from that period. As a result, all or a portion of a distribution may be a return of capital, which is in effect a partial return of the amount a common shareholder invested in the Fund, up to the amount of the common shareholder’s tax basis in their common shares, which would reduce such tax basis. Although a return of capital may not be taxable, it will generally increase the common shareholder’s potential gain, or reduce the common shareholder’s potential loss, on any subsequent sale or other disposition of common shares.
Future common share distributions will be made if and when declared by the Fund’s Board of Trustees, after the evaluation of several factors, including the Fund’s net investment income, financial performance and available cash. There can be no assurance that the amount or timing of common share distributions in the future will be equal or similar to that described herein or that the Board of Trustees will not decide to suspend or discontinue the payment of common share distributions in the future.
The Fund’s objective is to achieve a high level of current income and current capital gains, with long-term capital appreciation as a secondary objective. The Fund intends to pursue its objective by investing in a portfolio of common stocks and utilizing an option strategy, primarily by writing (selling) covered call options on a substantial portion of the common stocks in the portfolio in order to generate current income and gains from option writing premiums and, to a lesser extent, from dividends. Market action can impact dividend issuance as the Fund’s total assets affect the Fund’s future dividend prospects. The Fund provides additional information on its website at www.xainvestments.com.
About XA Investments
XA Investments LLC (“XAI”) serves as the Fund’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund. The listed closed-end funds, the XAI Octagon Floating Rate & Alternative Income Trust and XAI Madison Equity Premium Income Fund both trade on the New York Stock Exchange and the interval fund, Octagon XAI CLO Income Fund is available via direct subscription and through select broker/dealers and wealth management platforms.
In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing, and fund management.
XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.
About XMS Capital Partners
XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com.
About Madison Investments
Madison Investments is an independent investment management firm based in Madison, WI. The firm was founded in 1974, has approximately
Madison and/or Madison Investments is the unifying tradename of Madison Investment Holdings, Inc., Madison Asset Management, LLC, and Madison Investment Advisors, LLC. Madison Funds are distributed by MFD Distributor, LLC. Madison is registered as an investment adviser with the U.S. Securities and Exchange Commission. MFD Distributor, LLC is registered with the U.S. Securities and Exchange Commission as a broker-dealer and is a member firm of the Financial Industry Regulatory Authority www.finra.org.
XAI does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Fund carefully before investing. For more information on the Fund, please visit the Fund’s webpage at www.xainvestments.com.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
| NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE | ||
Media Contact:
Kimberly Flynn, President
XA Investments LLC
Phone: 888-903-3358
Email: KFlynn@XAInvestments.com
www.xainvestments.com
FAQ
What is the XAI Madison Equity Premium Income Fund (MCN) distribution for November 2025?
When is the ex-dividend and record date for MCN's December 2025 payout?
Has MCN changed its distribution frequency and when did that take effect?
Will MCN's $0.060 distribution be taxable as income for 2025?
Could MCN suspend or change future distributions?
Where can investors find more information about MCN distributions and tax reporting?
